I mentioned this one last week. Symbol is TDSC. I’m looking for an opportunity to get short the stock and I think the time may be approaching. Market cap: $1 billion Float: 20 million Percent short: 9% Average volume: 116,000 Further commentary of the chart: click on chart to enlarge
Not in Madison Square Garden between the Iron Sheik and Hulk Hogan. But rather, in a lot of micro to small cap oil and gas names. There is certainly a good deal of speculation taking place currently in these names. I would imagine that a great majority are going to sink like rocks eventually, making [...]
As the trend towards increasing oil prices accelerates in 2011, there will be a tendency for traders to gravitate into more speculative names. A watchlist of micro-small cap oil/gas names should be a part of every traders daily/weekly or monthly routine. I’m already seeing the trend exhibit itself throughout the markets. Some of the largest [...]
click on the charts to enlarge:
Please make sure to enlarge video to full screen by clicking the arrows located at the bottom right hand corner of the video screen: //
The Bakken Formation is an oil reserve that occupies parts of North Dakota and Montana. It is one of those things that everybody knows about, yet nobody really knows about. It’s very well known inside of the oil/gas community, yet for the most part undiscovered amongst your average investor class. I’m assuming this is because [...]
1. LOVE AND HATE IN THE STOCK MARKET 2. THE 3 MOST IMPORTANT BENEFITS OF A CORE VERSUS PERIPHERY STRATEGY 3. THE IRON MAN – WALL STREET STYLE
1. USO – DAILY CHART 2/22 2. AAPL – DAILY CHART 2/20 3. CRB – DAILY CHART 2/20
There’s a certain freedom that comes along with not caring. I’m not talking about not caring in a self-destructive sense, where you end up on a street corner with a crack pipe and a $20 hooker. I’m talking about having a sense of detachment from the results of whatever you’re doing. There is some real [...]
“Today’s Thoughts” is a nightly email that is sent to ZP Fire level members. Once in a great while I get a wild hair up my ass and decide to post them on the blog. Here you go: An important article to read on the blog tonight about core strategies versus periphery strategies http://www.zenpenny.com/?p=943 If [...]
As any of you who have been reading this blog for longer than a fortnight know, I am an advocate of having a core strategy that allows you stay in peace, while giving you the maximum potential for profit possible. For some of you that strategy may involve trading 40 times a day, taking multiple [...]
- The longer oil stays above its recent breakout point, the greater the chances of a sustained move with the goal being a break of the $42 level on the USO. Time to check the tire pressure on my 10-speed. – The longer the QQQQ remains below $58, the greater the chance of a slip [...]
Please make sure to enlarge video to full screen by clicking the arrows located at the bottom right hand corner of the video screen: var playerhost = ((“https:” == document.location.protocol) ? “https://ezs3ef186b89e1068cc70661e1f87c587d68.s3.amazonaws.com/ezs3js/secure/” : “http://ezs3ef186b89e1068cc70661e1f87c587d68.s3.amazonaws.com/ezs3js/player/”); document.write(unescape(“%3Cscript src=’” + playerhost + “flv/55D5EFA9-0D4C-72F2-E3AE2534643E1DA3.js’ type=’text/javascript’%3E%3C/script%3E”));
The manner in which oil sliced through the significant amount of overheard resistance like a hot knife through butter is a direct result of the surprising pace with which this move has come. You can be assured that a majority of those who either *HAD* to get long or cover their shorts, were waiting until [...]
click on the charts below to enlarge:
Any test of a trader or investor’s portfolio does not come when the market is going up day after day, similar to what we have been witnessing recently. It comes when the market drops. That is when you know if you simply have a portfolio that is either a high or low beta version of [...]
- The limit down move in many commodities today doesn’t bode well for the general markets. Like it or not, all these asset classes have been feeding off each other during this rally. Extreme weakness in one asset class, means that much less of a chance of recovery in another weak sector i.e. stocks. – [...]
This article also published on thestreet.com The financial markets have the ability to take the most common of human traits and take full advantage of them to an extent that would even make P.T. Barnum look away in embarrassment. All the common emotions that we rely on for our day to day survival, often times [...]
Just passed a trading watchlist and chart illustrations to members for both potential long and short plays. The plays cover all market caps. Once the technical setups are complete, I will be sharing those stocks with a market cap above $50 million on the blog, as part of “The Gun” segment, which debuted yesterday. All [...]
click on the charts below to enlarge:
Please make sure to enlarge the video screen by clicking on bottom right hand corner: //
Zenpenny members already know that I try to bring as much value as possible to the table. I want to be sure all our members stay informed and never have any doubt in their mind as to lengths we are willing to go in the name of making sure what we are invested in has [...]
1. ALL PHASE 4 INVESTORS GATHER AROUND, I HAVE NEWS FOR YOU 2. SO, WHERE DID YOU GET YOUR DEGREE IN CURVE FITTING? 3. GOTTA “BORN TO LOSE” TATTOO?
1. BIDU – MONTHLY CHART 2/15 2. GSIG – DAILY CHART 2/15 3. NASDAQ COMP – MONTHLY CHART 2/13
Membership that is. Due to demand from our readers, we are announcing a new level of membership that gives another option to those interested in joining Zenpenny. The new membership option is the “Water” level of membership. This is a very basic membership package that gives you access to our current research report, as well [...]
If our current portfolio was an entertainer, we would have been booed off stage and asked never to come back. Not because the performance was terrible, but rather due to the fact that the performance has been boring. We have seen our investment portfolio more or less meander sideways for the first month and a [...]
This article also published on Fidelity.com, thestreet.com and minyanville.com There is a phenomenon that takes place during every single bull market cycle that exists. The phenomenon is firmly rooted in human psychology and behavior. It involves levels of comfort, confidence and elation. It almost always follows the same pattern and invariably ends the same way. [...]
There are so many traders and investors out there who try to be cute with various strategies that make them feel as if they are the second coming of Paul Tudor Jones, Bruce Kovner or Paulson. When it comes down to it, if you want to invest in small to mega-cap stocks, it pays to [...]
We’re all waiting for it. This market correction that seems to never come. It will happen. The rebalancing of psychology, opinions and bid/offers is something very necessary even during the most powerful of bull markets. And guess what? When the correction does come it will probably scare most of you out of all the confidence [...]
Every quarter of every year…about 45 days into the quarter, they appear. Mindless creatures that roam Wall Street looking for portfolios to emulate and fund managers to idolize. They latch onto the SEC Form 13F as if it was a document discovered right beside the Shroud of Turin, with the title “My Stock Picks For [...]
click on chart below to enlarge:
There are a few things I come across every single week that make me question the brain capacity of human beings as a functioning organism on this planet. Reality television and driving through Los Angeles (same thing?) are a couple that come to mind immediately. I came across one today that made me shake my [...]
It’s all about the losses. I know, I’m not telling you anything new. Everybody realizes that the financial markets are all about controlling your losses, yet 90% of people who do this lose money. It’s one thing to know and another to be able to implement what you know. Just as with anything else in [...]
click on the charts below to enlarge:
This article also published on thestreet.com and fidelity.com Wall Street is the world’s greatest venue for deception of the monetary variety. A wealth transfer mechanism that is perfectly shrouded behind fancy degrees, expensive suits and men who coach little league teams on the weekends. The talents, you’re told, come in all shapes and sizes. There [...]
1. I USED TO RICH 2. THE GOOD OL’ BOY NETWORK IS ALIVE AND WELL 3. INCREDIBLE HULK AND A TOPPY MARKET – LOTS TO BE LEARNED
1. AAPL – DAILY CHART FROM 2/10 – BEARISH 2. GLD – DAILY CHART FROM 2/6 – BEARISH 3. SOX – DAILY CHART FROM 2/7 – BEARISH
As Egypt erupts into celebration over the resignation of President Mubarak, let’s revisit a chart pattern that was colored, primped and groomed as a result of the conflict in Egypt. The chart below is from January 31st: (click on chart below to enlarge) You see this type of pattern time and time again in the [...]
Here are the 3 amigo’s of the Nasdaq. Let’s look at these stocks individually to give us some clues as to what the market may have in store for us in the weeks ahead: (click on charts to enlarge)
The bears are nauseous. After today, when it looked like Cisco was going to force the Nasdaq into a retreat and it didn’t work. Oh, you better believe the bears are having some gurgling of the stomach region. It’s days like today that create the vomit-inducing type of give ups that are sometimes a requirement [...]
Last night, I sent out a flow chart to members going over a good ol’ boy network that is operating in our largest holding. Good ol’ boy networks. You know, when a group of well-heeled gentlemen put together a business with the sole purpose of enriching their network of people. It’s typically a closed door [...]
You know, I used to be rich. It was all consuming for me. The power and prestige that went along with having a large bank account, a top of the line vehicle, the best home decor, parties, top shelf type stuff. I had investors banging down my door to invest money. Soon after seeing their [...]
You can just feel it in the air. We’re at one of those points in the market here where a bunch of bears are close to throwing in the towel, in the form of short covering. And a herd of bulls are one breath away from abandoning any hope for buying at lower prices and [...]
(click on the chart below to enlarge)
One of the most common questions we get from those who are thinking about joining the service is whether or not there are picks, trades, investments that we make outside of the micro-cap/penny stock arena. My answer to them is an emphatic, unequivocal and spirited…hell NO. Why am I so adamant about this? Here’s why: [...]
You have days like these in the markets. They come along more often than in any other line of work. Days where you begin getting antsy from the inherent desire to produce, accomplish, create. At least, that’s the way I feel. The market tends to attract those who are driven by greed and desire of [...]
High school is an interesting place. You essentially have a group of people who are entirely unsure of their identity in the present or at anytime in the future. This causes a hierarchy to take form. Those who are deemed the coolest are held in god like status at the very top. Most fellow students [...]
(click on the charts below to enlarge)
I’ll be updating the charts tonight. As I outlined over the weekend, the markets were in the mood for a breakout. They started the morning strong…ended with somewhat of a whimper, especially in the Nasdaq. I have been focusing on the SOX, as it’s a market leader. It did indeed hit the top end of [...]
There are no static, concrete rules in the financial markets. Every single thing you learn about trading or investing is subject to negotiation, obfuscation, and discombobulation. What you think is the truth about a method or rule today, will turn out to be what digs your grave and gives you a shove right into the [...]
(click on the charts below to enlarge)
It’s all the same game. Yes, absolutely…100%. It doesn’t matter if you’re attempting to make money in the markets, betting football or playing poker…the contrarian angle wins. Not every single time, but a majority of the time you come out on top. This recent Superbowl was a case in point. A few days ago, I [...]
Please make sure to enlarge chart to full screen by clicking the arrows located at the bottom right hand corner of the video screen: //
1. NFLX – Daily chart from 1/30 – Bullish 2. SPY – Daily chart from 2/1 – Bearish 3. GLD – Daily chart from 1/30 – Bearish
1. HOW TAKING THE PACKERS AND BUYING GOOGLE WHEN IT IPO’D IN 2004 ARE VERY SIMILAR 2. NETFLIX CONFOUNDS BULLS AND BEARS 3. TODAY’S THOUGHTS
Comments are now open on all future Zenpenny postings. Let’s get some discussions going. Challenge me!
It’s a trader or investors nature to complain regardless of how good things are going. This is a game where you could always do better. It can become maddening at a certain point, if you get too critical regarding your every move. It’s so important to keep your mental state stable whether you do this [...]
The market seems to be having a difficult time picking its poison here. If you are so inclined, it may be an opportunity to begin bringing in your long positions and scaling into some shorts over the short to intermediate term. There is a coin-flips chance that the S&P breaks out of this 4 day [...]
I’m working on adding a weekly video screen cast to go over some charts and give our readers a better understanding of exactly what to look for, as well as our unique interpretation of technical analysis. It will be a nice addition to the site. Members are going to videos several times a week. Again, [...]
The GOOG ipo in 2004 was an event. I was in Sweden at the time visiting family. I remember a bunch of us huddled around the computer waiting for it to open. I was running my hedge fund at the time and I had absolutely no interest in the stock. Like the majority of Wall [...]
(click on the charts below to enlarge)
*****The following is the “Today’s Thoughts” article that I send to our members on a nightly basis. I have removed the symbols of the stocks that we’re invested in as these are for Zenpenny members only.***** February is off to vivacious start. Our own accounts and managed accounts all hit new all-time highs today. Of [...]
There’s a reason he stays on top of his game regardless of the vast ocean of assets he manages. http://www.marketfolly.com/2011/02/john-paulsons-year-end-letter.html Unfortunately for Paulson, he can’t invest in micro-cap and penny stock restructurings due to his size. We can…we do…and we’re the only website that focuses exclusively on this niche.
The S&P 500, as I commented last night, is at a point where it is facing some stiff resistance ahead. What makes the task at hand that much more daunting is the fact that a majority of indicators are telling of an imbalance in the markets between bulls and bears, which is in real need [...]
Beginning today, I am a contributor on www.thestreet.com I will writing articles for their site periodically about individual stocks, as well as the general markets, strategies etc. First article, published this morning appears here: http://www.thestreet.com/story/10991875/1/netflix-confounds-bulls-iandi-bears.html
(click on the charts below to enlarge)
Intermediate to long-term reversal points in the financial markets are some of the most profitable trading opportunities. I’ve caught market tops and bottoms in the past that brought in enormous gains in just a couple of months. The problem is that they put me through the ringer first. It’s similar to courting a girl who [...]
S&P just blew through Friday’s high…that was a vomit point for the bears. Nasdaq 100 has yet to move through this point. I’m surprised by how quickly the bulls were able to take the markets up to test this important point of resistance. S&P suddenly leading the Nasdaq higher. A shift in leadership at such [...]
Not just any micro-cap stock, of course. You can’t just go around throwing darts at companies with market caps under $50 million and expect to pull in 500%. What you want to do is target the most overlooked, the most misunderstood and the most complicated situations of all. Here are the reasons why: 1. Institutions [...]
(click on the charts below to enlarge)
